TOP TEN INFORMATION TECHNOLOGY COMPANIES IN THE WORLD

In today’s technology driven world, information technology companies play very important role in driving and powering businesses across the world.  IT solutions provided by these companies are necessary to improve business and increase profitability.  These include among others customized data analytics, consultancy, and many more. To be one of the best in the world, these IT companies must possess dynamic and positive work culture in addition to sharp minds, readiness to innovate and provide the best service to their clients.

Here are some of the best IT companies in the world today based on revenue and profit.

1. IBM

International Business Machines is commonly known as IBM, and nicknamed “Big Blue”. It is a multinational computer technology and IT consulting corporation.  Headquartered in Armonk, New York, USA, this IT company has a very long history dating back to the 19th century. In recent times,   IBM has been well known as one of the world’s largest computer companies and systems integrators. The company holds more patents than any other U.S. based technology company, employs thousands of scientists, engineers, consultants, and sales professionals in over 175 countries and has twelve research laboratories worldwide.

IBM produces and sells computer hardware and software, with main focus on software.  It offers infrastructure services, hosting services, and consulting services that include mainframe computers to nanotechnology.

IBM employees have earned five Nobel Prizes, four Turing Awards, five National Medals of Technology, and five National Medals of Science.

2. Microsoft

Microsoft Corporation, abbreviated as MS, is an American multinational technology company headquartered in Redmond, Washington.  The company develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and services.

The Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers are among its best known software products, with Xbox video game consoles and the Microsoft Surface tablet line up as its flagship hardware products.

Founded by Paul Allen and Bill Gates on April 4, 1975 it first developed and sold  BASIC interpreters for the Altair 8800.  By mid-1980s, it dominated the personal computer operating system market with MS-DOS followed by Microsoft Windows.  By mid-1980s to 1990s its share price grew steadily creating billions of money.  It diversified from the operating system market and made a number of corporate acquisitions their largest being LinkedIn for $26.2 billion in December 2016 and Skype Technologies for 8.5 billion in May 2011.

The following years saw Microsoft diversifying into a wide range of other consumer and enterprise software for desktops and serves including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure) and software development (Visual Studio).

Subsequent changes in its CEO saw the company entering into a “devices and services” strategy.  When Satya Nadella became CEO in 2014, the company scaled back on hardware and instead focused on cloud computing, a move that helped the company’s shares reach its highest value since December 1999.

3. HP Enterprise

Founded on 1  November 2015 as a result of the splitting of the Hewlett-Packard Company this American company created its home base in Palo Alto, California.  Hewlett Packard Enterprise Company commonly referred to as Hewlett Packard Enterprise or HPE is a multinational enterprise information technology company with four divisions: Enterprise Group, which works in servers, storage, networking, consulting and support; Services; Software; and Financial Services.

With the split, the old Hewlett-Packard changed its name to HP Inc. and created a new company, Hewlett Packard Enterprise. HP Inc. retained the old HP’s personal computer and printing business as well as its stock-price history and original HPE ticker symbol at the New York Stock Exchange (NYSE). In 2017, it spun off its Enterprise services business and merged it with Computer Sciences Corporation to become DXC Technology. It also spun off its software business and merged it with Micro Focus.

4. Oracle

Oracle Corporation is a multinational computer technology corporation with main specialization in developing and marketing database software and technology, cloud engineered systems and enterprise software products – particularly its own brands of database management systems.  With headquarters in Redwood Shores, California Oracle by 2015 was the second largest software maker by revenue, after Microsoft.

Among the products it develops and builds are tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software and supply chain management (SMC) software.

The company has more than 420, customer base and has employees in more than 175 countries.  It offers comprehensive and fully integrated stack of cloud applications, platform services, and engineered systems.

5. Accenture

A global management consulting and professional services company, Accenture PLC has been incorporated in Dublin, Ireland since September 1, 2009.  The company provides strategy, consulting, digital technology and operations services.  The company reported net revenue of $32.9 billion in 2016, making its place in Fortune Global 500 company list.

Accenture PLC has more than 394,000 employees serving clients in more than 200 cities in 120 countries.  On August 29, 2017 Apple Inc. announced a partnership with Accenture to create iOS business solutions.  Its current client list includes 94 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.

6. SAP

SAP SE (Systeme, Anwendungen und Produkte in der DatenverarbeitungSystems, Applications & Products in Data Processing”)   is a German multinational software corporation that makes enterprise software to manage business operations and customer relations.

SAP is headquartered in Walldorf, Baden-Württemberg, with regional offices in 130 countries. It has over 335,000 customers in over 180 countries. The company is a component of the Euro Stoxx 50 stock market index.

7. TCS

An Indian multinational information technology service, consulting and business solutions company headquartered in Mumbai, Maharashtra.  It is a subsidiary of the Tata Group and operates in 46 countries.

One of the largest Indian companies by market capitalization ($80 billion), TCS is now placed among the “Big 4” most valuable IT services brands worldwide and alone generates 70% dividend of its parent company, Tata Sons.

TCS ranked 64th overall in the Forbes World’s Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company.  It is the world’s 9th largest IT services provider by revenue.  It is ranked 10th on the Fortune India 500 list of December 2015.

8. Cognizant

Cognizant, an American multinational corporation is one of the world’s leading professional services companies, transforming client’s business, operating technology models for the digital era. The company provides IT services, including digital, technology, consulting, and operation services.  Its headquarters is in Teaneck, New Jersey, USA.

Cognizant was the first software services firm listed in the NASDAQ-100 and later in the S&P 500 indices.  It started as an in-house technology unit of Dun & Bradstreet in 1994, and started serving external clients in 1996.  It made an initial public offering in 1998 after a series of corporate splits and restructures of its parent companies.

By accepting the application maintenance work that bigger companies were unwilling to perform during the dot.com bust, the company grew its business and gradually ventured into application development, complex systems integration and consulting work.

Cognizant had a period of fast growth during the 2000s, becoming a Fortune 500 company in 2011. In 2015, the Fortune magazine named it as the world’s fourth most admired IT services company.

9. Capgemini

Capgemini SE, branded as Capgemini, is a global leader in consulting, technology and outsourcing services.  The company, headquartered in Paris, France, offers an array of integrated services combining top-off-the range technology.

This French multinational information technology consulting corporation provides IT services and is  one of the world’s largest IT consulting, outsourcing and professional services companies.  It has over 190,000 employees in over 40 countries.

Capgemini’s regional operations include North and South America, Northern Europe and Asia Pacific, and Central & Southern France.  All these services are delivered through its four disciplines: Consulting, Technology, Outsourcing and Local Professional Services. The latter is delivered through Sogeti, a wholly owned subsidiary.

10. Infosys

Infosys Limited (formerly Infosys Technologies Limited) is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It has its headquarters in Bengaluru, India.

Established in 1981, Infosys is the second-largest Indian IT firm by 2016 revenues and is listed in the NYSE as a global consulting and IT services company.  It has more than 18,000.  On January 12, 2017, its market capitalization was $34.38 billion.

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